
Description
Historic, renovated Triplex located in the heart of Radcliffeborough close to MUSC, Ashley Hall, the College of Charleston, and numerous shopping/dining options on Central/Upper King Street. The property consists of 3 individual/separately metered units which were renovated from the studs out in 2019 featuring new plumbing, roof, electrical, HVAC, kitchens, and baths. All units have tenants in place through 7/31/21 with current gross income of $139,200. Each unit is well appointed with tiled baths/showers, original hardwood floors, and trim details throughout. All kitchens feature new cabinetry, quartz countertops, and stainless appliances. There are 4-5 off-street parking spaces and each unit is eligible to apply for 2 on-street decals. Current lease rates and breakdowns are as follows:Unit A (3 bed/3 bath w/ large office) - $4,400/month Unit B (3 bed/3.5 bath w/ large office) - $4,400/month Unit C (2 bed/2 bath w/ large office) - $2,800/month (this unit was leased at a reduced rate due to off-cycle lease signing in January. Market rate/previous lease rate for Unit C was $3,300/month).
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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4,126SQFT
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$412$/SQFT
School Information
Description
Historic, renovated Triplex located in the heart of Radcliffeborough close to MUSC, Ashley Hall, the College of Charleston, and numerous shopping/dining options on Central/Upper King Street. The property consists of 3 individual/separately metered units which were renovated from the studs out in 2019 featuring new plumbing, roof, electrical, HVAC, kitchens, and baths. All units have tenants in place through 7/31/21 with current gross income of $139,200. Each unit is well appointed with tiled baths/showers, original hardwood floors, and trim details throughout. All kitchens feature new cabinetry, quartz countertops, and stainless appliances. There are 4-5 off-street parking spaces and each unit is eligible to apply for 2 on-street decals. Current lease rates and breakdowns are as follows:Unit A (3 bed/3 bath w/ large office) - $4,400/month Unit B (3 bed/3.5 bath w/ large office) - $4,400/month Unit C (2 bed/2 bath w/ large office) - $2,800/month (this unit was leased at a reduced rate due to off-cycle lease signing in January. Market rate/previous lease rate for Unit C was $3,300/month).
